"I am one of those who do not believe the national debt is a national blessing...it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country."
—Andrew Jackson, letter, April 26, 1824

Friday, August 4, 2017

Morning Charts 08/04/2017 SPX /es

These days, where we've sunk to, and then a few more levels below that - makes you wanna throw up. Rabbit hole? Ha! more like a worm hole on steroids we're so fare gone. Reality - for those not in touch with it, I suggest you get there soon. On to the lie - SPX 30m - 76 resistance, what's the RS gonna do? Break down (traditional/historical) or take off (new fangled BS).

About Shanky

I am a former financial professional that blogs for fun. I enjoy sharing my thoughts with others on my blogs. I hold nothing back and apologize for the foul language in advance, but dire situations require accurate descriptions. Please feel free to contact me with your thoughts or tips at the email address provided. Enjoy!

DISCLAIMER
You are a complete bonehead if you take and act on any of the advice given on this blog. You need to have your head examined if you solely rely on others telling you what to do and do not do your own homework. This is fun for me and should not be construed as investment advice. If you think it is, DON'T! Enjoy!
STB Comment Rules
1) Always be respectful to others - it is fine to disagree, but you must do so in a respectful manner. Back up your argument with facts and links.
2) Keep comments on track - market and topic related.
3) Failure to follow rule 1 and 2 will lead to loss of comment privilege.
RadarURL